Registered User
Joined: 12/27/2010
Posts: 30
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I am trying to create a PCF condition for a High greater than the upper Bollinger Band, a period of 6 days with an exponential avg of 6 and 1.75 STD. I have the following but it does not work. Can you correct the code?
H > XAVGC6 + 1.75 * SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 - 6 * XAVGC6 ^ 2) / 6)
Bruce
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You were very close. Please try the following Condition Formula instead.
H > XAVGC6 + 1.75 * SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 - 6 * AVGC6 ^ 2) / 6)
Modelling Bollinger Bands (& Standard Deviation) in a TC PCF
-Bruce
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